Claw Is Out for 'Whale' Officials

By

Monica Langley And

Dan Fitzpatrick

Updated July 11, 2012 9:37 a.m. ET

J.P. Morgan Chase & Co. plans to reclaim millions of dollars in stock from executives at the center of the trading blunder that shocked Wall Street and tarnished the reputation of Chief Executive James Dimon.

The nation's biggest bank is expected to claw back compensation from individuals including Ina Drew, who ran the company's Chief Investment Office, or CIO, according to people familiar with the bank's plans. Ms. Drew was a...